Twitter reports relay how after just two hours of BTER trading, CVC shot up over 70 percent to reach highs of $0.37.
Trade volumes were also high, with over 2,300 BTC worth changing hands across all CVC exchanges tracked by Coinmarketcap.
BTER is specifically offering CVC/CNY pairs, demonstrating Chinese investor appetite for access to ICO tokens is serious despite recent warnings.
CVC had entered the market at $0.10 mid-July and remained range-bound between approximately $0.15 and $0.21 ever since, with Tuesday’s jump catching the community by surprise.
Elsewhere in cryptocurrency markets, CVC beat out the rise of every other asset in Coinmarketcap’s top 50, including newcomer NEO, which rose around 23 percent in the 24 hours to press time.
At the top, Bitcoin continues to circle all-time highs after coming down from its peak of almost $3,500 as SegWit locked in this week.